My husband and I are approaching an exchange on a flat in Petersham and my parents have sent the 10% deposit to my lawyer. I am now advised that as the deposit has not arrived from me my conveyancing practitioner needs to disclose this to my lender. I am advised that, in also acting for the lender he must inform them that the balance of the purchase price is not just from me. I informed the lender regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The lawyer is legally required to clarify with lender to ensure that they know that the balance of the purchase price is not from your own resources. The solicitor can only reveal this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
It is is a decade since I purchased my property in Petersham. Conveyancing lawyers have now been instructed on the sale but I am unable to locate my title deeds. Will this jeopardise the sale?
You need not be too concerned. First the deeds may be with the lender or they may stored with the solicitor who acted in your purchase. Secondly in most cases the property will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors obtaining up to date copy of the land registers. Almost all conveyancing in Petersham relates to registered property but in the rare situation where your property is unregistered it adds to the complexity but is not insurmountable.
I just bought a flat at auction in Petersham. Conveyancing is required. What is next?
Having to all intents and purposes signed on the dotted line you now have to retain a conveyancing solicitor soon as you now have a tight a drop dead date to complete the conveyancing. An auction property should have a bespoke legal set of papers. This will include most,if not all of the paperwork that your solicitor requires. In the case of leasehold premises the legal pack should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to a leasehold property. You should give this to the lawyer instructed by you as soon as possible. Do make sure that your finances are in place to complete on the date specified in the contract.
Does a directory service exist listing TSB panel conveyancers in Petersham on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. Very few mortgage companies make their panel listings visible online. If you are in need of a Petersham lawyer on the TSB please use our tool.
Can I be sure that the Petersham conveyancing solicitor on the TSB panel is any good?
When it comes to conveyancing in Petersham obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the solicitor conducting your conveyancing.
Have completed on a a semi-detached house in Petersham , how long should it take for the Land Registry to deal with the formalities evidencing my proprietorship? My Petersham conveyancing solicitor works at snail pace, so I want to check that my ownership is registered.
There is nothing unique when it comes to conveyancing in Petersham registration formalities. Rather than based on location, timeframes can adjust according to who lodges the application, whether there are errors and whether the Land registry have to notify any 3rd parties. As of today in the region of three quarters of submission are fully dealt with within 12 days but occasionally there can be extensive delays. Registration occurs after the new owner is living at the premises so 'speed' is not usually top priority but if it is urgent that the the registration takes place urgently then you or your lawyers should speak with the land registry and explain the circumstances.
How simple is it to switch solicitor as I need to select a firm on the Lloyds TSB Bank conveyancing list. I was using a local conveyancing solicitor in Petersham five minutes from me but she is not accepted by Lloyds TSB Bank
We will our best to assist in finding you a conveyancing solicitor in Petersham on the Lloyds TSB Bank panel. Please note that the solicitors that we work with do not pay us commission if you instruct them and are authorised and regulated by the SRA who oversee all conveyancing solicitors in Petersham. In utilising search facility on this site, you can contrast charges for conveyancing solicitors in Petersham and throughout England and Wales.
I am in need of some leasehold conveyancing in Petersham. Before I set the wheels in motion I require certainty as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and most are in Petersham - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the proprietor of a ground-floor 1960’s flat in Petersham. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the premium due for a lease extension?
if there is a missing landlord or if there is dispute about the premium for a lease extension, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to determine the price payable.
An example of a Lease Extension case for a Petersham premises is Ground Floor Flat 91 Bath Road in May 2009. in a case where the freeholder could not be traced, the Brentford County Court ordered that the Lease be surrendered in return for the grant of a new lease of the Premises at a premium determined by the Leasehold Valuation Tribunal. The tribunal concluded that the price payable by the Applicant for the new lease of the premises be £15,900 This case affected 1 flat. The unexpired residue of the current lease was 60.45 years.